Rihanna's Diamond Ball Fundraiser raised so much money and was such a huge hit last year that she's decided to make it an annual event, and she has some pretty solid A-List appearances set up already.

The second annual black-tie fundraiser will take place in Santa Monica on Dec. 10 as a way to raise money for the Clara Lionel Foundation, which is the charity she launched in 2012 in honor of her grandparents to improve health, education, arts and culture all over the world, according to People. Kevin Hart will be hosting this year's event and Lionel Richie will be performing.

"I'm so proud of the world the Clara Lionel Foundation has done in its first year," the 27-year-old singer said in a statement, according to Entertainment Weekly. "Can't wait to celebrate with the iconic Lionel Richie and incredibly talented Kevin Hart at this year's Diamond Ball."

Michael Rapino, who is the CEO of LiveNation, will be presented with the Diamond Honors Award for his commitment to philanthropy, according to Billboard.

"This foundation is so close to my heart," Rihanna added. "And I am so grateful for Michael Rapino's support and commitment to our cause. No one is more deserving of the first Diamond Honors Award than him."

Last year, Jimmy Kimmel hosted and Rihanna herself performed, and they raised over $2 million, which was enough to purchase two new pieces of equipment for the Clara Braithwaite Center for Oncology and Nuclear Medicine at Queen Elizabeth's Hospital in her native Barbados.